When facing overwhelming debt, individuals often find themselves at a crossroads, considering whether to default on their debt obligations or seek relief through bankruptcy. Each option has significant consequences, but bankruptcy can often provide a more favorable...

Bankruptcy is a way individuals and businesses can legally pursue the means to eliminate or restructure their debts. It provides relief to those who are struggling under the burden of debt and cannot reasonably repay their creditors. But can anyone file for...

Facing a judgment lien because of unpaid debts can be a significant financial burden. If you are dealing with such a financial burden, this article will help you understand how bankruptcy could offer a pathway to avoid the consequences of judgment liens. Understanding...

Do you feel like you are drowning in debt? The phrase “drowning in debt” may be a cliché, but it fittingly describes the emotional state of someone who is dealing with a large amount of debt. The debtor feels overwhelmed, suppressed, incapable of normal activity, and...

Are you thinking about filing bankruptcy and wonder if you can do so without the help of a bankruptcy lawyer? The simple answer to this question is, yes you can. The law allows an individual to file bankruptcy on their own without the help of a legal representative....

Are you thinking about filing Chapter 7 bankruptcy and wonder about what will happen after you file? While each bankruptcy case is unique because of a filer’s financial circumstances, most Chapter 7 bankruptcies go through the following process. Issue of Automatic...

Small business owners often face the challenge of overwhelming debt. When dealing with mounting debts and a struggling business, Chapter 13 bankruptcy can provide a viable solution. This article will explore the intricacies of Chapter 13 bankruptcy for small business...

Are you burdened by financial hardship, and want to file for bankruptcy, yet wonder how doing so may affect your obligation to pay child support or alimony? This article will look at how bankruptcy affects child support and alimony payments, the differences between...

If you are dealing with financial hardship, filing for bankruptcy could help relieve your burden. You could resolve your debts and regain control of your financial situation. But, if you have tax debt is important to understand how that bankruptcy can have...

Are you facing financial difficulties because of unemployment? Has the burden of debt become overwhelming? If you're thinking about filing for bankruptcy, you may wonder how your unemployment status affects the process. In this article, we will look at common concerns...